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Reo Town Homes for Sale

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  • /44

    $125,000

    $15K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,200 Sq Ft

    218 E Elm St, Lansing, MI 48910

    Steeped in classic 1920s character and positioned steps from the pulse of REO Town, 218 E. Elm Street delivers urban walkability paired with total peace of mind. Skip the weekend maintenance list - the big-ticket items are already checked off with a brand-new roof, water heater, freshly upgraded deck, and clear, sunlit backyard ready for evening gatherings. Inside, sunlit spaces showcase

    Agent Photo

    Jonathan Lum

    EXIT Realty Home Partners

    218 E Elm St, Lansing, MI 48910
  • /22

    $179,000

    • 6 Beds
    • 2.5 Baths
    • 2,707 Sq Ft

    1145 S Grand Ave, Lansing, MI 48910

    WOW! If you need space, this home is definitely it! With SIX bedrooms and 2 1/2 baths, there is room for everyone! With over 2700 square feet of living space and located in REO Town, this property offers so many possibilities and may also have potential for commercial use! It sits directly across from the Board of Water & Light headquarters and is within walking distance of REO Town restaurants,

    Agent Photo

    Missy Lord

    RE/MAX Real Estate Professionals Dewitt

    1145 S Grand Ave, Lansing, MI 48910

Why Live in Reo Town

REO Town (also called Midtown) is one of Lansing’s most energetic neighborhoods, marked by its iconic triple smokestack skyline and a legacy as a hub for the REO Motor Car Company, founded by Ransom Eli Olds in the early 20th century. Streets here are lined with renovated industrial buildings that now house breweries, restaurants, and unique shops, preserving the area’s industrial roots while embracing a creative, inviting vibe. The local dining scene is eclectic, highlighted by favorites like Good Truckin’ Diner, Saddleback BBQ, and Blue Owl Coffee Co. For arts and entertainment, the Robin Theatre draws crowds for poetry, comedy, and live music. REO Town Marketplace combines an artisan and farmer’s market, while bigger shopping needs are covered by Lansing Towne Center a few miles west. Recreation comes easy thanks to access to the Grand River, a place where residents kayak and fish at Riverpoint Park and use the Lansing River Trail for walking or cycling. Homes include cozy bungalows, historic American Foursquare designs, and art deco apartment buildings, with a strong renter population. Housing prices from $20,000 for fixers to $150,000 for move-in-ready homes. The area is highly walkable and bikeable, making it easy to get around even with limited bus routes. Although REO Town tends to be a bit noisier due to nearby infrastructure, fast commutes via I-496, I-96 and South Washington Avenue add to its appeal for those seeking urban character and quick downtown access.

Reo Town, Lansing, MI Home Prices vs. Nearby Neighborhoods

Reo Town Old Town Downtown Lansing Northside Lansing
Median Home Price
$149,950
$122,499
$152,450
$109,500
Median Sale Price
$101,200
-22% YoY
$79,000
-21% YoY
$145,000
+1% YoY
$90,000
-35% YoY
Avg. Price per Square Foot
$78
$78
$103
$105
Median Single Family Price
$142,450
$87,500
$149,900
$109,500
Total Active Listings
2 listings
2 listings
19 listings
2 listings
Market Conditions
12 Months of Supply
Buyer's Market
6 Months of Supply
Balanced Market
9 Months of Supply
Buyer's Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is Reo Town a good place to live?
Reo Town is a good place to live. Reo Town is considered somewhat walkable and very bikeable with some transit options. Reo Town is a suburban neighborhood. Reo Town has 8 parks for recreational activities.It is fairly sparse in population with 5.0 people per acre and a median age of 35. The average household income is $57,768 which is below the national average. College graduates make up 39.2% of residents. A majority of residents in Reo Town are renters, with 86% of residents renting and 14% of residents owning their home. A local real estate agent serving Reo Town can help you decide if this neighborhood is the right one for you. Learn more on our Reo Town neighborhood guide.
How much do you need to make to afford a house in Reo Town?
The median home price in Reo Town is $149,950. If you put a 20% down payment of $30,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $790 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $34K a year to afford the median home price in Reo Town. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Reo Town is $58K.
What are the best public schools in Reo Town?
The best public schools that serve Reo Town are:
What are the best private schools in Reo Town?
The best private schools that serve Reo Town are:
What are the most popular zip codes in Reo Town, Lansing, MI?
The most popular zip codes in Reo Town, Lansing, MI include 48910, 48933, 48912, 48915 and 48906.
What are the most popular neighborhoods near Reo Town, Lansing, MI?
The most popular neighborhoods near Reo Town, Lansing, MI are Downtown Lansing, The Stadium District, Fabulous Acres, Holmes Street Area and Moores Park.
Are home prices dropping in Reo Town?
Yes, home prices in Reo Town are down 10% in the last 12 months.
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